Vietnam Central Economic Zone Attracts US$10B Investment
The Dung Quat Economic zone (EZ) in central Quang Ngai province has to date pulled in 147 investment projects, totaling some US$10 billion, the economic zone management board said.
So far this year, the zone lured seven projects worth VND1 billion (US$58.82 million), down 87 per cent compared to the same period of last year, said the board.
Prime Minister Nguyen Tan Dung has approved a master plan for the development of the fast-growing Dung Quat EZ until 2020, aiming to turn it into the central region’s urban-industrial-service center.
Under the plan, the zone will be developed into a multi-sector EZ covering the areas of industry, trade, tourism, services, urban areas and agro-forestry-fishery business, with oil refinement and petro-chemistry being its spearhead sectors.
The zone will need 32,000 trained laborers to satisfy its sustainable development in the context of globalization, state media said. (Investment, Young People)
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